Shanghai Securities News: Bond Connect "Southbound Connect" has been online for four years, and the two-way flow of domestic and foreign funds is smoother.
On September 24th, Bond Connect's "Southbound Channel" celebrates its fourth anniversary. As an important part of China's financial market opening up in both directions, the "Southbound Channel" has made significant progress since its launch, achieving impressive results. Data shows that as of the end of August this year, Shanghai Clearing House has custody of 971 bonds through the financial infrastructure connectivity mode of the "Southbound Channel", with a total balance of 574.21 billion yuan, an increase of over 26 times and 102 times respectively compared to four years ago.
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